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Siemens acquires TimeSeries

Siemens acquisition of TimeSeries to expand Xcelerator portfolio through development of industry-specific apps built on Mendix platform, help customers speed digital transformation through increased adoption of low-code

U.S. Cutting Tool Orders Rise on Monthly Basis in February

February 2021 U.S. cutting tool consumption totaled $149.5 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association for Manufacturing Technology. This total, as reported by companies participating in the Cutting Tool Market Report collaboration, was up 3.3 percent from January's $144.8 million and down 17.1 percent when compared with the $180.3 million reported for February 2020.

Drill Choice: Solid-Carbide or Replaceable-Insert?

Selecting the best type of cutting tool for holemaking jobs is not always clear. It is best to have a drill that caters to the workpiece material, produces the specs required, and provides the most profit for the job at hand. Considering the variety of jobs and parts manufactured in machine shops, there is no “one-drill-fits-all.”

Altair Announces Integrated Platform

Altair announced Altair One, which the company described as "a fully integrated platform that brings together the company’s entire product suite and HPC capabilities to facilitate seamless collaboration and faster time-to-market."

Cybercrime Thrives During Pandemic

The Verizon Business 2021 Data Breach Investigations Report (2021 DBIR) examines more breaches than ever before, and sheds light on how the most common forms of cyber attacks affected the international security landscape during the global pandemic.